While OYO s Ritesh Agarwal expects a 10x growth this year in Ayodhya s tourism, the temple town needs more development in the hotel infrastructure especially in terms of premium properties to attract both local and global tourists.
Get latest articles and stories on Latest News at LatestLY. The hotel industry in the country which bore the brunt during the COVID-19 pandemic is on the path of recovery with higher occupancy, increased average room rates (ARR) and spurt in merger and acquisition deals, a study said on Wednesday. Latest News | Hotel Industry Expects Traction in Occupancy, Room Rates in 2022: Study.